Difference between revisions of "Group2 Proposal"
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Revision as of 11:04, 9 August 2018
World Energy Production & Consumption: A Visual Study
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Contents
Project Overview
Properly functioning markets for electricity, natural gas, oil and pollution allowances are essential for the rational allocation of resources and cost-effective attainment of environmental goals. Rapidly changing energy dynamics determine the course of our economic development, geopolitics, technological breakthroughs, massive investments and trade flows.With renewable energy moving from niche to mainstream, the fuel mix is shifting.
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About The Data Source
BP plc, formerly British Petroleum, is a British multinational oil and gas company headquartered in London, England. It is the world's sixth-largest oil and gas company, the sixth-largest energy company by market capitalization and the company with the world's twelfth-largest revenue (turnover). It is a vertically integrated company operating in all areas of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading. It also has renewable energy interests in biofuels and wind power.
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Critique of the Existing Visualizations
We noticed that all the existing visualizations in the BP Statistical Review report are static in nature which limits the usage of the plots and restricts information retrieval. Below image shows a sample visualization from the report:
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Challenges
Project Scope: The data set we've picked up has information on different types of energies across countries since 1965. This information can be used in a number of different ways and hence we need to narrow down the scope of our project to focus on our objective.
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Project Plan
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